I turned &500 into &3000 in one month with ACT trader platform. Thank Fxclub’ staffs, thanks John Ieraci, hope to see you one day in the future. The company was founded in 2005 by Michael J. Felice, who currently serves as both President and Chief Executive Officer of this company.


These areas don’t have proper financial regulators such as CySEC or FCA. Without proper regulation, the clients of such brokers face numerous financial and privacy risks. You should always do thorough research before signing up with a forex broker. Forex Club is a top rated New York City based brokerage that is a registered Futures Commission Merchant with the Commodity Futures Trading Commission and is a member of the National Futures Association . Forex Club forex services individual traders, money managers, white label partners, and introducing brokers. With Forex Club broker you can trade without spreads and pay a simple flat rate of just $0.40 for every $1,000 lot.

In this case, the little book that still beats the market does not even return the deposit to me. And with FXClub, you get access to both MetaTrader 4 and 5. Along with these platforms, you also get access to the Libertex trading office, which is a good trading solution as well. Certainly, the trading platforms are quite an attractive section and impressed me the most. Their swaps are not the most bad thing, though they are worse than with other reliable brokers.

Minimum Deposit Amounts

This broker is not good enough for beginners, very broadly provides many features of trading so you may want to explore other companies after it. I mean there are huge commissions for managing 100K accounts. The broker will help you to start your journey as beginner but if you have decent experience in day trading you won’t be satisfied here. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.

Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff. The demo uses the ExpressFX platform, which provides step-by-step instruction on how to go through each trade.

Платформа MetaTrader 4

However, I won’t say that FXClub is a scam as the parent company behind this broker is quite reputed and runs multiple brokers that hold proper licenses. You won’t get such benefits with an unregulated broker. That’s why I don’t recommend doing business with FXClub. FXClub is a part of the Forex Club group which has multiple subsidiaries. This specific branch ( concentrates on users based in ex-Soviet states. For Russian clients, they have a different branch.


The conditions are perfect for new trades to lose their depos with the probability 99%. I traded with Forex Club during 10 years, but for tha last 2 years it has been getting worse and worse. Take a look of the videos, I hope this information can avoid others traders to get”caught” like I did. Just want to give you my experience with FxClub to avoid to others traders to get caught like I did and if you have any idea please I am very interested.. Also personally (!) was in the office of the company for the purpose of verification and did not receive any intelligible answer.

Bradley Laughlin Phoenix Arizona – Beware of this scammer!

Thank you for sharing about this.I am really happy to see here about this article on forex business.Can you please share something more over here. Already when I recovered completely my loss at the beginning of September the troubles have started . Repeatedly addressed by e-mail and phone to the “personal” manager and did not receive any help. I have traded Forex club, when there was the PAMM. Signals are like indicators, you can not entry every time they tell you to.

This broker is showing a scam behavior, illegally withholding my funds ($18к) without any explanations. I have been trying to withdraw funds from FxClub since 23 July. Each time the company requests more and more new documents.

trading platforms

The website is also available in, as well as simple and traditional Chinese. Setting up an account with Forex Club is simple and free of any hassles. For instance, one of the first steps towards joining Forex Club is filling out a relatively simple application form that only takes a few minutes to complete. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. All actions of the company are aimed at weaning your money. Obviously, the problem is that there was a profit on the account.

Fx Club offers the MT4 and MT5 forex trading top platform. offers over 50 forex currency pairs, cfds, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options. This is a big reason why I don’t recommend trading with brokers based in offshore areas.

LYOPay Review – Offshore Crypto Scam Exposed – 2023

Gripeo is the leading social platform for consumers to share their experiences with businesses and other people. We thrive for helping the marketplace become less ambiguous and more transparent. The parent company of FXClub is a reputed organization so it wouldn’t be okay to say that FXClub is a scam. FXClub demands a minimum deposit of $20, which is excellent. It makes them appear more reliable however, finding this information was quite a big challenge. So FXClub is an unlicensed and unregulated broker.

  • The next step is funding your new account if you have chosen to create a live account.
  • I don’t know if they have kept their website obsolete deliberately or didn’t care for their clients.
  • Users of the ClassicFX platform can choose to monitor time frames up to a year, plot their own custom indicators, and have complete control over other customizable features.
  • They operate with a very vague term “dubious non-trade operations”, by definition of which, based on their regulations, such can be considered any transactions with the account.

It is quite suspicious when a broker does not specify its charges to its clients. The broker can use this to their advantage and charge you random fees to steal your funds. With unregulated brokers like FXClub and Mt. Cook Financial, this risk increases substantially. With their IT department they created a sinister software to take you at least for every trade 4 pips and to allow them to froze the trading platform called Act Trader to avoid you to take you gain. And I know that companies always return a deposit.

It is a suspicious broker who provides contradictory information to its clients and doesn’t hold a license to operate as a forex broker. You should avoid them as there are plenty of better brokers available. FXClub is a subsidiary of a reputed forex company. However, it is an unregulated broker who doesn’t provide sufficient information to its clients and makes most of its vital information inaccessible. So, even though I wouldn’t say it’s a scam, I can’t trust this broker.

Therefore, Forex Club offers educational resources to help beginners gain a better understanding of the trading process. These include step-by-step guides, free web-based seminars and live chat sessions. Forex Club also offers the ExpressFX platform, a simple trading platform that is easy to understand for beginners and provides a relatively risk-free trading experience. As a result, Forex Club was awarded “Best Broker for Beginners” by Forex-Ratings and is considered one of the best in the industry. But the withdrawal of money in customer accounts are not exercising.

They demonstrate obvious fraudulent behavior, they do not want to pay money. On the company’s profile page at our website you can read forex club reviews by other traders as well as write your personal forex club review of your personal experience with the broker. To add an opinion you need to login to the site. Peter Tatarnikov the CEO is an untruthful person. You are talking in a nice way about Peter Tatarnikov the CEO, but this is an untruthful person.